Bitcoin

Bitcoin is a new electronic payment system that removes the need for third party financial institutions. It speeds up transactions while reducing costs and minimizing the potential for fraud. The name “cryptocurrency” points to how it uses “cryptographic proof” to work, AKA a blockchain.

Bitcoin’s concept was first introduced in 2008 when a person going by the pseudonym Satoshi Nakamoto shared a white paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System.” In January 2009, the Bitcoin blockchain was launched. 

A new electronic payment system called Bitcoin removes the need for third-party financial institutions. It speeds up transactions while reducing costs and fraud-risk. The name “cryptocurrency” points to how it uses “cryptographic proof” to work, AKA a blockchain.   

Bitcoin has a finite supply of 21 million, which is expected to be reached by the year 2140. Currently, 18.8 million are circulating in the market. Note that Bitcoin represents the concept of the network, while bitcoin (lower-case ‘b’) represents the currency.

Bitcoin is one of the most well-known cryptos as it was the first decentralized currency. 

Currently, BTC’s dominance is above 40%. Bitcoin Dominance is a measure of how much of the total market cap of crypto is made up of Bitcoin. Bitcoin’s influence in the crypto ecosystem could be vulnerable to competition as alternative coins grow in popularity and utility.

Indeed, since the JPMorgan report was published on Wednesday, both silver and gold have pulled back from recent highs.

JPMorgan says bitcoin futures oversold as silver flips overbought, sees $8,500 gold long term

While the federal government continues to debate the U.S. Strategic Bitcoin Reserve, individual states are tired of waiting.

South Dakota Eyes 10% Bitcoin Reserve

After a bruising 2025, Hougan sees sideways Bitcoin trading, rising institutional interest and early central bank curiosity setting up the next cycle.

Bitwise CIO Matt Hougan says bitcoin could hit $6.5 million in 20 years

Bitcoin briefly stabilized near $83,000 after a flash crash to $81,314 wiped out $1.7 billion in leveraged positions. The crash dragged its market cap down to $1.62 trillion before a modest rebound.

Bitcoin Price Drops to $81,000: Is the $100K February Dream Dead?

It seems like ages ago, but bitcoin rose to just shy of $91,000 on Wednesday. Then the U.S. dollar started to strengthen.

Anatomy of bitcoin's plunge this week: The dollar's bottom was BTC's top

Crypto bulls who have theorized that bitcoin can't begin rising until money flows out of red-hot precious metals are about to find out if they were correct.

Precious metals crash, with silver plunging 35%, gold 12%; bitcoin holds at $83,000

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

The Daily: Trump names crypto-friendly Kevin Warsh as Fed chair nominee, Binance pledges $1 billion SAFU fund to bitcoin, and more

Bitcoin (CRYPTO: BTC) is down 8% on the week, with historical cycle analysis suggesting further downside ahead, according to crypto analyst Benjamin Cowen. Cycle Timing Driving Bitcoin Weakness Bitcoin has weakened not because its long-term thesis is broken, but due to cycle timing, tightening liquidity and repeating historical patterns, Cowen said in his latest podcast.

Bitcoin Down 8% In A Week And It Won't Get Much Better Till October, Analyst Warns

Over the past 10 days, Bitcoin plunged to new 2026 lows, leverage was wiped out at scale, ETF money flowed out, and macro fears rattled global markets.

Bitcoin News: $81K Shock, $1.7B Liquidations, and Institutions Are Still Building

Bitcoin Magazine Bitcoin Rainbow Chart Signals ‘Fire Sale' Zone as BTC Enters Undervalued Territory Bitcoin has dropped into historically “fire sale” levels on the Bitcoin Rainbow Chart, signaling deep undervaluation. Bitcoin Rainbow Chart Signals ‘Fire Sale' Zone as BTC Enters Undervalued Territory Micah Zimmerman.

Bitcoin Rainbow Chart Signals ‘Fire Sale' Zone as BTC Enters Undervalued Territory

Bitcoin (CRYPTO: BTC) ETF holders are now underwater with the average purchase price at $90,200 while BTC trades at $84,000, according to Bianco Research's Jim Bianco. The Profitless Reality Bianco broke down the numbers across three posts on X, pointing out the average Bitcoin ETF buyer since January 2024 is down roughly $5,000, or about 7% underwater.

Zero Gains Left For Bitcoin ETF Buyers And $80,000 May Be Next, Analyst Warns

Anthony Pompliano argues that deflation, not inflation, is Bitcoin's real headwind and explains why institutions are racing to absorb crypto into legacy finance.

Pomp: Forget Inflation, Deflation and De-dollarization Explain Bitcoin's Price Action

The former Federal Reserve governor has invested in crypto firms, criticized bitcoin's role as money and argued for a U.S. digital dollar.

Who is Kevin Warsh? Here is what Trump nominee for Fed chair said about bitcoin and rates

According to macro guru Raoul Pal, October's crypto crash marked a structural liquidity failure that changed how the market now trades but has not undermined the long-term Bitcoin (CRYPTO: BTC) thesis. Structural Failure, Not Fundamental Breakdown In an interview with trader Michael van de Poppe, Pal said liquidity evaporated as market-maker APIs failed and leverage, often underestimated by traders, triggered rapid, unavoidable liquidations through smart contracts.

Raoul Pal: Bitcoin's Thesis Has Not Changed, Even After October Liquidation Cascade

Bitcoin sentiment on Myriad flipped bearish for first time in two months as traders bet on further downside amid shutdown fears and extreme market volatility.

Bitcoin Traders See Nearly Even Odds for $69K Drop or $100K Recovery

The market is braced for a 40% bitcoin price crash that would see $1 trillion wiped from the combined crypto market

‘Worst-Case Scenario'—Crypto Suddenly Braced For Massive $1 Trillion Bitcoin Price Crash

Amboss has unveiled RailsX, a Lightning-native platform designed to enable peer-to-peer bitcoin and stablecoin swaps.

Amboss unveils Lightning-native P2P platform RailsX for bitcoin and stablecoin swaps

Bitcoin Magazine Binance to Move $1 Billion User Protection Fund Into Bitcoin As the bitcoin price slumps, Binance said it will convert the $1 billion stablecoin-backed Secure Asset Fund for Users entirely into bitcoin over the next 30 days. Binance to Move $1 Billion User Protection Fund Into Bitcoin Micah Zimmerman.

Binance to Move $1 Billion User Protection Fund Into Bitcoin

Strategy accounts for 81% of NBIM's $837M indirect bitcoin exposure, with additional holdings in MARA, Metaplanet, Coinbase, and Block.

Norway sovereign wealth fund's indirect bitcoin exposure grew 149% in 2025 to 9,573 BTC: K33

Bitcoin's latest turn left a dent. As of Jan. 30, 2026, at 8:45 a.m. EST, bitcoin trades at $82,564, dragging a $1.64 trillion market cap behind it, with 24-hour trading volume pushing $92.39 billion. Price action on the day ping-ponged within a high-low range of $87,985 to $81,314—tightrope walking a cliff's edge.

Bitcoin Bleeds Out: $752M Long Plays Liquidated as Price Dives Into Danger Zone

President Trump on Friday announced Kevin Warsh as his nominee to succeed Jerome Powell as Chair of the Federal Reserve, yet Bitcoin (CRYPTO: BTC) plunged below $83,000 on the news. Warsh Nomination Shifts Macro Interpretation Technical analyst Kyledoops said a Warsh-led Fed would fundamentally change how markets interpret policy signals, given his reputation as an inflation hawk and strong-dollar advocate.

Trump Announces Kevin Warsh As Fed Chair Nominee—Why Did Bitcoin Dump To $83,000?

Dogecoin

Ethereum

Bitcoin tapped $82,000 overnight, with liquidations at $1.80 billion over the past 24 hours. Bitcoin ETFs saw $817.9 million in net outflows on Thursday, while Ethereum ETFs reported $155.6 million in net outflows.

Bitcoin, Ethereum, XRP, Dogecoin Crash 7%, Liquidations Surge To $1.8 Billion

Crypto markets fell further overnight as bitcoin and ether extended losses, metals tumbled and liquidation pressure hit leveraged traders across derivatives markets.

Bitcoin, ether extend declines as leverage unwind accelerates: Crypto Markets Today

Bitcoin's crash to a nine-month low, coupled with growing uncertainty about macroeconomic policy, catalyzed $817 million in ETF outflows.

Bitcoin ETFs Shed $817M as BTC Hits Nine-Month Low

Analysts point to tight liquidity and a broad risk pullback as BTC fell toward $81,000 and U.S. crypto ETFs saw over $1 billion in outflows.

News for Bitcoin Crypto (BTC)